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lange was in prison 26 years for fighting his country's apartheid system. more than that, he forgave his jailers, his powerful example of redemption and grace was noted by president bush and obama tonight. in no wise young woman i know add this to say. i've got a lot of work to do. i do, too. that's my "2 cents more." thank you for joiniig us tonight. ♪ lou: of the nation's largest unions bankrolling in organizing a protest that they tried to promote as a fast-food working strike an attempt to double the minimum wage to a fast-food workers raising their pay to $15 an hour. tonight we will have the story of how much the liberal media decided, is certainly no better, to take the service employees international union's dramatic but phony strike story and run with it. there were quite a few. i'm lou dobbs. ♪ good evening
lange was in prison 26 years for fighting his country's apartheid system. more than that, he forgave his jailers, his powerful example of redemption and grace was noted by president bush and obama tonight. in no wise young woman i know add this to say. i've got a lot of work to do. i do, too. that's my "2 cents more." thank you for joiniig us tonight. ♪ lou: of the nation's largest unions bankrolling in organizing a protest that they tried to promote as a fast-food working strike an...
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had fast food joints all around the country. the "a-team" next. male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of dical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses every day we're working to and keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. r commitment has never been songer. ♪ lou: the mayor elected ew york city today surprising a lot of people
had fast food joints all around the country. the "a-team" next. male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of dical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read...
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someone who had a vision of where he wanted to take the country. and that person is still there. that person, if you go back and read his 2004 keynote speech at the democratic convention, a shiver will go down your spine because you will realize barack obama then the candidate for senate was basically laying out the road map for what he would do as president. >> well, let's take a look. the personal and professional assault this president has faced cannot be understated. still president obama spoke yesterday about the virtues of public service itself. and this is true not just of presidents but a lot of other people in lesser offices, if you will, will tell you this. what's best about the job is not the money or the fame although it is for some, but for many it's for helping people. and i mean that. here he is. >> it continues to be a way to serve that i think can be noble. it's hard. it can be frustrating. you got to have a thick skin. and i know it's tempting to say why would i want to get in the mud like that and get slapped around and subjected to all kinds of scrutiny, but i
someone who had a vision of where he wanted to take the country. and that person is still there. that person, if you go back and read his 2004 keynote speech at the democratic convention, a shiver will go down your spine because you will realize barack obama then the candidate for senate was basically laying out the road map for what he would do as president. >> well, let's take a look. the personal and professional assault this president has faced cannot be understated. still president...
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he was, as south african president jacob zuma put it today, the country's greatest son. >> this is the moment of our deepest sorrow. our nation has lost his greatest son. >> shortly after the news of nelson mandela's death reached the white house, president obama said this. >> i am one of the countless millions who drew inspiration from nelson mandela's life. my very first political action, the first thing i ever did that involved an issue or a policy or politics was a protest against apartheid. i would study his words and his writings. the day he was released from prison gave me a sense of what human beings can do when they are guided by their hopes and not by their fears. we will not likely see the likes of nelson mandela again. so it falls to us, as best we can, to forward the example that he set to make decisions not guided by hate but by love. never discount the difference that one person can make, to strive for a future that is worthy of his sacrifice. for now, let us pause and give thanks for the fact that nelson mandela lived. a man who took history in his hands and bent the ar
he was, as south african president jacob zuma put it today, the country's greatest son. >> this is the moment of our deepest sorrow. our nation has lost his greatest son. >> shortly after the news of nelson mandela's death reached the white house, president obama said this. >> i am one of the countless millions who drew inspiration from nelson mandela's life. my very first political action, the first thing i ever did that involved an issue or a policy or politics was a protest...
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there's a country that's been running the obama playbook for 20 years. it's tough to fire people. that country is called japan. how has their economy done the past 20 years, terrible. that's the obamanomics there. >> what do you think of jim p.'s challenge? >> i think that the issue that you're missing there was really at the heart of his presentation and, again, there's very strong evidence for this, is it's not so much that inequality hurts growth, although there were references of that in terms of financial bubbles. by the way, there's good research that connects the lack of oversight and the financial problems that we had. what he was talking about was a connection between high income inequality, stagnant incomes for the middle class and diminished opportunity, diminished opportunity. that's what you have left out. that's essential because, look, the three of us will all agree that we in america don't push for equal outcomes but we do believe there ought to be some equality of opportunity. when inequality gets too high, opportunity gets squashed. >> that's wrong. i know that's
there's a country that's been running the obama playbook for 20 years. it's tough to fire people. that country is called japan. how has their economy done the past 20 years, terrible. that's the obamanomics there. >> what do you think of jim p.'s challenge? >> i think that the issue that you're missing there was really at the heart of his presentation and, again, there's very strong evidence for this, is it's not so much that inequality hurts growth, although there were references...
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strong and the stakes were so high tremendously longer than it did places like kenya where president obama's father hailed from. a lot of emotion today from this president and i think you can expect him to point to the example of mandela as an example of statesmanship. but especially to our country which is so bitterly divided right now. >> this is truly a moment to highlight the importance of these new paths in history, of important people making brave new paths for the people. not only did the president do it, but he can also say take a look at nelson mandela and use it as a moment, so to speak. >> i would not expect for president obama to compare his experience with nelson mandela's. they don't compare it, really is the leading figure on the world stage in terms along with people people. >> of course their paths are very different. john i would imagine that this would be a big, big funeral where many of the world's leaders will come together. >> one former aide to president obama when i asked do you expect the president to attend the funeral, he said yes and so will every other important
strong and the stakes were so high tremendously longer than it did places like kenya where president obama's father hailed from. a lot of emotion today from this president and i think you can expect him to point to the example of mandela as an example of statesmanship. but especially to our country which is so bitterly divided right now. >> this is truly a moment to highlight the importance of these new paths in history, of important people making brave new paths for the people. not only...
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. >> he is not going to take me down with him but he will go with president obama. waiving like the titanic. >> true believer, bill. >> nay sayer. >> directly ahead, would jesus like obamacare? we approve of the nanny state? that's being hotly debated throughout the country and then stossel has a special on liberals in hollywood how did they get that way? we're coming right back. ick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. with 7 antioxidants to support cell health. one a day men's 50+. >>> nanny state vs. christianity. this topic is being hotly dewaited and used by some left wing politicians. >> we are the richest nation in the world. well, when niece -- jesus had those five loaves and two fissures. he didn't ask if they had food stamps or how much money they had. he fed them because they were hungry. >> income inequality was immoral.
. >> he is not going to take me down with him but he will go with president obama. waiving like the titanic. >> true believer, bill. >> nay sayer. >> directly ahead, would jesus like obamacare? we approve of the nanny state? that's being hotly debated throughout the country and then stossel has a special on liberals in hollywood how did they get that way? we're coming right back. ick with innovation. stick with power. stick with technology. get the new flexcare platinum...
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about half a million people across the country already are poised to gain coverage on january 1st. some for the very first time. >> all right. welcome back to "the kudlow report." that, of course, president obama on his obama care marketing blitz, leading up to the fast approaching december 23rd sign-up deadline. now that's a mere 18 days away. now, here's the fact. enrollment needs to double by december 23rd, just to hit obama's half million mark. and another fact, to date, it is estimated that some four to five million americans have had their current health care policies canceled. a lot more folks will have lost health insurance than have gained it under obama care. that looks like the forecast. anyway, let's talk. we have democratic strategist steve mcmahon and emily miller, "washington times" opinion page senior editor. emily, go to you first. welcome. thank you for coming on the show. by the time we get to that week, december 23rd to january 1st, are there going to be more uninsured than insured? is the table going to be turned against obama care? >> absolutely, larry. this h
about half a million people across the country already are poised to gain coverage on january 1st. some for the very first time. >> all right. welcome back to "the kudlow report." that, of course, president obama on his obama care marketing blitz, leading up to the fast approaching december 23rd sign-up deadline. now that's a mere 18 days away. now, here's the fact. enrollment needs to double by december 23rd, just to hit obama's half million mark. and another fact, to date, it...
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we have double the number of people on food stamps in the country. at what point do you just admit his economic philosophy has failed. >> i'm not going to disagree with the facts you stated. we have to look at the more than 200,000 jobs created in the private sector, a lower unemployment rate and we have to look at -- >> that number is rigged. >> and consumer confidence is rigged. >> of course. any number i give the rigged. >> when he took office unemployment would be 11%. >> the bottom line is the bottom line. what the president is talking about actually was proven that the american people care about which is income inequality when you look at the success of elections like that in the city of new york. with your new mayor deblaz. the bottom line is we have 1% of the wealth and power in the country controlling the other 99. >> noel -- >> more than 50% of americans don't like it. >> no shovel ready jobs, summer of recovery. labor participation in lowest in 30 years. the doubling the number of people on food stamps. now in the sixth year of his preside
we have double the number of people on food stamps in the country. at what point do you just admit his economic philosophy has failed. >> i'm not going to disagree with the facts you stated. we have to look at the more than 200,000 jobs created in the private sector, a lower unemployment rate and we have to look at -- >> that number is rigged. >> and consumer confidence is rigged. >> of course. any number i give the rigged. >> when he took office unemployment would...
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"@ next. ♪ lou: would never president obama is, he is not our education president. here are the dismal results of the organization for economic cooperation and development global test. the mouthful. fifteen euros in countries and large economies. in mathematics there is no surprise. singapore, hong kong, taiwan, south korea. yes. here we are. we are 26 on this list. thirty-four jurisdictions. in been reading a little bit of an improvement, shanghai, here we go again, ranking first followed by hong kong, singapore, south korea. the united states, a little better there. that is pretty good. it puts us in the middle. shanghai ranks first followed by sean -- hong kong. singapore and japan in science. the united states is better at science that we are math. anyway. the fact of the matter is we are 21st. there is no good news. i was trying to think away to make that -- make you feel better about that, but it is not going to happen. hard to believe that american exception was and continues into the next generation with test results like these raising the question, does it?
"@ next. ♪ lou: would never president obama is, he is not our education president. here are the dismal results of the organization for economic cooperation and development global test. the mouthful. fifteen euros in countries and large economies. in mathematics there is no surprise. singapore, hong kong, taiwan, south korea. yes. here we are. we are 26 on this list. thirty-four jurisdictions. in been reading a little bit of an improvement, shanghai, here we go again, ranking first...
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tax that is a killer. >> other country showcase rate. neil: why are we 14. >> i don't know if i can. neil: you better. >> what is surprising i would never take issue with forbing magazine, but thesere country that have socialized medicine provide everyone at birth, every one of those country health care is a right not a privilege. >> what are they doing right? >> they are letting business do business. >> and government getting out of the way. >> no government is taking responsibility, they are take -- >> 7 of those have a lot of benefits that we're fighting for here that could ease burden on company. >> no, i think that government is -- anvil around the necks of these businesses. neil: by the way with health care you would think that be the draw to at least take us out of the top 20, maybe to top 10. >> we have not gone where they are. >> it has already been a job killer. >> none of these country have an obamacare health care system. neil: we are 14. >> they have single -- t getting those things off the backs of businesses. neil: then we
tax that is a killer. >> other country showcase rate. neil: why are we 14. >> i don't know if i can. neil: you better. >> what is surprising i would never take issue with forbing magazine, but thesere country that have socialized medicine provide everyone at birth, every one of those country health care is a right not a privilege. >> what are they doing right? >> they are letting business do business. >> and government getting out of the way. >> no...
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i think because the clintons showed themselves to be loyal enough within the obama project, they will be there. it won't be enough to stop them. >> joy, you're great. i've got to go. thanks so much. >>> up next, the republican national committee seems to think racism ended in this country way back in 1955. and this is "hardball," the place for politics. we're aig. and we're here. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. she loves a lot of it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, li
i think because the clintons showed themselves to be loyal enough within the obama project, they will be there. it won't be enough to stop them. >> joy, you're great. i've got to go. thanks so much. >>> up next, the republican national committee seems to think racism ended in this country way back in 1955. and this is "hardball," the place for politics. we're aig. and we're here. to help secure retirements and protect financial futures. to help communities recover and...
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like south dakota and states like illinois, in hopes of drawing women and that sort of obama coalition to the polls. same with same-sex marriage. women tend to favor that in the same way that most democratic candidates do. so it just so happens, and democrats have obviously reaped the benefits of that, that they are more in sync with the majority of where women are on these issues. >> there is something strange in the republican party, something really fundamental that is identified in this poll, recently poll in october saying, asking the question -- saying, it would be a good thing if more women were elected to congress. 60% of democrats agree that it would be a good thing if more women were elected to congress, and only 23% of republicans agree that it would be a good thing if more women were elected to congress. and by the way, the women republicans are about the same as the overall number. i think with women republicans, only about 25% of them, let's see, republican women, 24%, only 24% of republican women think it would be a good idea if more women were elected to congress. jess
like south dakota and states like illinois, in hopes of drawing women and that sort of obama coalition to the polls. same with same-sex marriage. women tend to favor that in the same way that most democratic candidates do. so it just so happens, and democrats have obviously reaped the benefits of that, that they are more in sync with the majority of where women are on these issues. >> there is something strange in the republican party, something really fundamental that is identified in...
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i think they thought obama would come into office and the country would be transformed. they haven't succeeded in transforming the country as they thought they would do. that makes them angry. >> they are lashing out like a child would and their vision isn't working out. that's a good theory. >> ed schultz apologized. he left me a long voicemail. he said it on tv. i think it was heart felt. >> if you read what he said about limbaugh today. >> i didn't read it. >> disgusting. >> i don't pay much attention to them. >> disgraceful. he may have apologized but he's still in the business. thank you very much. factor tip of the day, one big shot anchor man was very, very afraid of the factor. the tip, moments away. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just com
i think they thought obama would come into office and the country would be transformed. they haven't succeeded in transforming the country as they thought they would do. that makes them angry. >> they are lashing out like a child would and their vision isn't working out. that's a good theory. >> ed schultz apologized. he left me a long voicemail. he said it on tv. i think it was heart felt. >> if you read what he said about limbaugh today. >> i didn't read it. >>...
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do love you, you don't hear that much of that. >> you don't hear that much of that in this country. hume, thanks. we didn't rattle you too much. >> thank you, bill. >> you and james buchanan, you guys were great together. wish we had old clips of that. tv wasn't invented then but if you could have seen hume and buchanan, they were correct. madness this time starring katy perry. it's next. inute... ...you could be a victim of fraud. most people don't even know it. fraud could mean lower credit scores, higher loan rates... ...and maybe not getting the car you want. it's a problem waiting to hapn. check your credit score, check your credit repo, at experian.com america's numb one provider of online credit rorts and scores. don't take chances. go to experian.com. it's hard to describe, because you have a numbness, but yet you have the pain like thousands of needles sticking in your foot. it was progressively getting worse, and at that point i knew i had to do something. once i started taking the lyrica the pain started subsiding. [ male announcer ] it's known that diabetes damages nerve
do love you, you don't hear that much of that. >> you don't hear that much of that in this country. hume, thanks. we didn't rattle you too much. >> thank you, bill. >> you and james buchanan, you guys were great together. wish we had old clips of that. tv wasn't invented then but if you could have seen hume and buchanan, they were correct. madness this time starring katy perry. it's next. inute... ...you could be a victim of fraud. most people don't even know it. fraud could...
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. >> this killing health benefits is shattering the economy all across the country, in all 50 states. >> of course there are death panels in there. the important thing to remember is that's just one aspect of this atrocious, unaffordable, cumbersome, burdensome, evil policy of obama's. and that is obama care. >> obama care is really, i think, the worst thing that has happened in this nation since slavery. and it is in a way, it is slavery in a way. >> howard, is this the evil empire speech reapplied to obama care? i mean, i've never heard the word evil used to many times. i love the way sarah palin is unbelievely delicious at this. she talks about and those death panels are in there. i love the way she says the death panels are in there somewhere. like they're creeping around inside. >> i mean, sam very rightly and logically said these people should stop because the president said, repeated today, and reminded them that he's going to be in office. he can veto anything. so they ought to calm down. but the fact is when you watch a few of those clips and when you talk to people in the mo
. >> this killing health benefits is shattering the economy all across the country, in all 50 states. >> of course there are death panels in there. the important thing to remember is that's just one aspect of this atrocious, unaffordable, cumbersome, burdensome, evil policy of obama's. and that is obama care. >> obama care is really, i think, the worst thing that has happened in this nation since slavery. and it is in a way, it is slavery in a way. >> howard, is this the...
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a massive cold sweeps through a large part of the country. and it's not over. most parts will get hit with more. a live report next. >>> back to work. making sense of the new jobs numbers. has the economy turned the corner when it comes to the economy. >>> we'll hear from president bill clinton. >>> motor city master pieces. the latest on possibly selling artwork opened by detroit. could it pull the city it of bankruptcy, and should it? >>> good morning, everyone. welcome to "weekends with alex wit witt". president obama surging congress to extend benefits for 1.3 million workers. they are set to expire just three days after christmas. >> if congress refuses to act it won't just hurt families already struggling. it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some
a massive cold sweeps through a large part of the country. and it's not over. most parts will get hit with more. a live report next. >>> back to work. making sense of the new jobs numbers. has the economy turned the corner when it comes to the economy. >>> we'll hear from president bill clinton. >>> motor city master pieces. the latest on possibly selling artwork opened by detroit. could it pull the city it of bankruptcy, and should it? >>> good morning,...
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kind of the nature of the country. the idea this is a christian nation under siege. and now people believe it. >> that's bottom line here. it seems to me our producers were talking today, it's not just who wins these primaries. and they'll end up republican. the danger is the republican you get in the senate will be an out right obstructionist. an incumbent has to go so far right that he'll be saying no to everything obama or anybody else offers for the next years. will come in as an absolute obstructionist. what does that do to our country when you have states that have marked themselves off for obstructionism? >> i mean, i think we're in a lot of trouble. in part because these aren't going to be like todd akins. a lot of cases, whoever wins the primary is going to win the election. and so this is just kind of a warning to all republicans that you can't compromise at all. that you can't -- i mean, one of the chris mcdaniel's points against thad cochran is he voted to end the shutdown. so don't vote to end the shutdown
kind of the nature of the country. the idea this is a christian nation under siege. and now people believe it. >> that's bottom line here. it seems to me our producers were talking today, it's not just who wins these primaries. and they'll end up republican. the danger is the republican you get in the senate will be an out right obstructionist. an incumbent has to go so far right that he'll be saying no to everything obama or anybody else offers for the next years. will come in as an...
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this year, the average hourly wage in this country has increased by just 2%. many economists believe because there aae not enough jobs, workers have to take less pay. seems to make sense. president obama, though, he believes that the federal government can change that situation. however, in five years, his theory has not produced results. nevertheless, the president remains undaunted. >> we need to set aside the belief that government cannot do anything about reducing inequality. it's true that government cannot prevent all of the downsides of the technological change and global competition that are out there right now, but we've also seen how government action time and again can make an enormous difference in increasing opportunity and bolstering ladders into the mdle class. >> an enormous difference? i haven't seen it, have you? maybe he's talking about fdr's new deal or social security or something like that, but presently? big government and high taxati seem to be holding back the private sector and job creation. and the left seems to want it that way. yes
this year, the average hourly wage in this country has increased by just 2%. many economists believe because there aae not enough jobs, workers have to take less pay. seems to make sense. president obama, though, he believes that the federal government can change that situation. however, in five years, his theory has not produced results. nevertheless, the president remains undaunted. >> we need to set aside the belief that government cannot do anything about reducing inequality. it's...
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obama was ill advised, the country was ill advised to pass it. stuart: you think we should repeal a? >> absolutely. i don't think you can repeal it. you have to hone it down. it has to be narrowed down to a single-payer situation. because nothing else will work. stuart: is there a single item in the news that made you change your mind? we have the appalling rollout, the cancellation of millions of people's policies despite the fact that they want to keep those policies, they are canceled. it has been rolling from one crisis to another. did something break the camel's back for you? >>> no, all of it. the main idea here is why should you be told you must buy insurance? that whole concept is where it fell apart for me. you should have insurance. stuart: that is the whole point of president obama's presidency, pushing people around. forcing them to do this it wednesday themselves. >> the government has to do some things people won't or wants to do for themselves. we should force people to wear helmets and motorcycles, where the seatbelt in the car, s
obama was ill advised, the country was ill advised to pass it. stuart: you think we should repeal a? >> absolutely. i don't think you can repeal it. you have to hone it down. it has to be narrowed down to a single-payer situation. because nothing else will work. stuart: is there a single item in the news that made you change your mind? we have the appalling rollout, the cancellation of millions of people's policies despite the fact that they want to keep those policies, they are canceled....
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you had income growth for top 1% of 65% which was impressive but look what happened during the obama recovery. when taxes went up, the top 1% did a hello of a lot better. richest got richer. and poorest got poorer. >> that's right when you have an economy that is stagnating, those who want to get ahead have the least chance to do it. we should have learned that from the 1980s. you had more income disparity. people like bill gates and state steve jobs were coming along doing very well but the economy blossomed and people had a chance to move up. david: all boats rose. as jfk said, rising tide lifts all boats. look what happened during the reagan tax cuts when they went in the opposite direction deblasio goes. top income group went up 20%. bottom 20%, went up almost 12% as well. everybody does better when tax rates are cut. >> yes, instead of looking at a stagnant pie and figuring out how to cut more from it, how do you grow the pie? john kennedy who is portrayed as a great liberal on taxes and spending was quite conservative. i wish people like mr. deblasio, would realize, you want pr
you had income growth for top 1% of 65% which was impressive but look what happened during the obama recovery. when taxes went up, the top 1% did a hello of a lot better. richest got richer. and poorest got poorer. >> that's right when you have an economy that is stagnating, those who want to get ahead have the least chance to do it. we should have learned that from the 1980s. you had more income disparity. people like bill gates and state steve jobs were coming along doing very well but...
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Dec 3, 2013
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it's going to be rejected by the country. the question is, do the republicans have a simple and clear response to it? we have a left/right debate on that subject just ahead. >>> later in the show, his holiness pope francis blasted capitalism and somehow believes that big government statism will solve poverty and inequality. your holiness, what about pope john paul ii's successful campaign to end godless soviet communism? that was the ultimate statism that never worked? don't forget, free market capitalism, the best path to prosperity even for the poor. look how strong the people of the ukraine want free market capitalism. i'm kudlow. we'll be right back. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy invest
it's going to be rejected by the country. the question is, do the republicans have a simple and clear response to it? we have a left/right debate on that subject just ahead. >>> later in the show, his holiness pope francis blasted capitalism and somehow believes that big government statism will solve poverty and inequality. your holiness, what about pope john paul ii's successful campaign to end godless soviet communism? that was the ultimate statism that never worked? don't forget,...
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Dec 3, 2013
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now begging president obama to personally intervene. 64-year-old alan fwroes sa gros country, quote, abandoned him after he was imprisoned for bringing communications items. joining us, jill dougherty with the latest. jil, what are you learning? >> alan gross says he's in a small cell with two other inmates. he gets about an hour a day outside in a very small courtyard. and he says other than a few phone calls and visits, he is completely isolated from the outside world. at the gates of the white house, the wife of alan gross pleads for the president to help her husband. >> please, mr. president, don't leave alan to die in cuba. >> reporter: today marks the fourth anniversary of alan gross' imprisonment in cuba. arrested while working as a contractor for the u.s. government, bringing internet connectivity to cuba's jewish community. he was accused of trying to subvert the cuban revolution and sentenced to 15 years in prison. gross' family just released a letter from the 64-year-old to president barack obama begging the president to personally intervene. "with the utmost respect, mr.
now begging president obama to personally intervene. 64-year-old alan fwroes sa gros country, quote, abandoned him after he was imprisoned for bringing communications items. joining us, jill dougherty with the latest. jil, what are you learning? >> alan gross says he's in a small cell with two other inmates. he gets about an hour a day outside in a very small courtyard. and he says other than a few phone calls and visits, he is completely isolated from the outside world. at the gates of...
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relations between the two countries? we will talk about that and more as we get going on markets now. ♪ good to have you with us on markets now and we have a lot coming up. we have big issues in a few minutes, we start with stocks and the markets pulling back a little bit from record highs that were set yesterday hanging above 16,000 on the dow. nicole petallides on the floor of the stock exchange. nicole: the dow jones industrials pulling back, 16,008 holding at 16,000 mark to the s&p holding 18 under market, a record close for the s&p 500, down two points, squeezing out a gain in the ticketing nasdaq, worth noting the s&p is coming off of its 49 food record high, a stellar year for stocks and we are seeing stocks on track to break two session win streak. named leading the dow include goldman sachs, jpmorgan, chief financials doing well on the heels of what we heard from the volcker rule, that was a unanimous vote and microsoft, pfizer and coca-cola weigh in on the dow jones industrials. connell: you talked-about the
relations between the two countries? we will talk about that and more as we get going on markets now. ♪ good to have you with us on markets now and we have a lot coming up. we have big issues in a few minutes, we start with stocks and the markets pulling back a little bit from record highs that were set yesterday hanging above 16,000 on the dow. nicole petallides on the floor of the stock exchange. nicole: the dow jones industrials pulling back, 16,008 holding at 16,000 mark to the s&p...
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and many countries around the world. the anti-apartd leader in south africa's first democratically elected president died yesterday at the age of 95. we take a live look at pictures coming out of johannesburg where people there are mourning his death and celebrating mandela's life at the same time. two of mandela's daughters learned of his death during a movie premier about him in london last night. they immediately left the theater and asked that the film continue. >>> a blast of winter weather moving across the country has knocked out power in texas to more than a quarter of a million homes and businesses. the storm stretches from south texas into northern new england and the canadian maritimes. the national weather service is issued storm and ice warnings for parts of eight states, up to two feet of snow has fallen in parts of minnesota and wisconsin. windchill temperatures in north dakota tumbled to near 40 below. those are the news headlines on the fox business network. get you back now to ashley and tracy. >> arthe
and many countries around the world. the anti-apartd leader in south africa's first democratically elected president died yesterday at the age of 95. we take a live look at pictures coming out of johannesburg where people there are mourning his death and celebrating mandela's life at the same time. two of mandela's daughters learned of his death during a movie premier about him in london last night. they immediately left the theater and asked that the film continue. >>> a blast of...
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Dec 10, 2013
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among them president obama and three ex-presidents from the united states arriving this morning. former presidents clinton and carter flying separately along with presidents, prime ministers and princes and kings from nearly 100 countries. no less significantly ordinary people from all across south africa all converging on a soccer stadium here in johannesburg. it's built to hold 94,000 and may not be big enough and certainly too small to contain all the people to thank the man who led them to freedom. they led a country to freedom and showed the world a better way. i had the privilege of spending time with bono of the band u2. he knew nelson mandela over the years and been the voice for justice here since the late 1970s. when you first heard that he had died, what went through your mind? >> stubborn until the end. you know, it was like he was playing this big sort of, he was trying to outstare god. >> his leadership was, was in part his ability not only to get consensus but also his ability to overcome the natural anger and bitterness and resentment he would have for being in pr
among them president obama and three ex-presidents from the united states arriving this morning. former presidents clinton and carter flying separately along with presidents, prime ministers and princes and kings from nearly 100 countries. no less significantly ordinary people from all across south africa all converging on a soccer stadium here in johannesburg. it's built to hold 94,000 and may not be big enough and certainly too small to contain all the people to thank the man who led them to...
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Dec 4, 2013
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. >> note, president obama invoked new jersey, the state of governor chris christie, who may be a republican candidate for president in 2016. this is a difficult goal to accomplish because many republicans, even though the president disputes this argument, make the ar umeguments is going to cost jobs. i know our next guest will make that ar ument as well. >> lawmakers nearing a deal on the budget. we know today being the 4th, the 13th being the deadline, does it look like we're going to have an agreement? >> it does. modest agreement, two years, $90 billion, raising the budget caps about $45 billion of ee quester relief for defense department, 45% for domestic programs. does not decrease the deficit. offset by additional revenue and budget cuts. they would not be tax increases and not cuts to medicare and social security or agriculture program but much more mundane things like fees and asset sales and cushing federal retirement, all ways in which the congress hopes it can avoid a shutdown in january and get us back into more stable budgeting environment. >> when is a fee a fee and a tax a ta
. >> note, president obama invoked new jersey, the state of governor chris christie, who may be a republican candidate for president in 2016. this is a difficult goal to accomplish because many republicans, even though the president disputes this argument, make the ar umeguments is going to cost jobs. i know our next guest will make that ar ument as well. >> lawmakers nearing a deal on the budget. we know today being the 4th, the 13th being the deadline, does it look like we're...
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it is the single largest gathering of heads of state and gives just in a few hours, president obama, former president george w. bush and hillary clinton sharing air force one, former presidents clinton and carter flying separately, along with presidents and princesses and kings from other countries. many converging on a soccer stadium here in johannesburg, it is built were we're told, for 90,000, may not be big enough. here they come to thank the man who led them to freedom. now how many other figures can you say that about? that they led a country to freedom and showed the world a better way. i had the privilege today of spending time with bono, the band member of u-2, he knew mandela personally and has been a champion for justice since the late '70s. >> when you first heard that he had died, what went through your mind? >> stubborn until the end, you know? it was like he was playing this -- he was trying to outstare god, and finally, god blinked. >> his leadership was in part to get a ability, of not only his consensus, but also his ability to overcome the natural anger and resentf
it is the single largest gathering of heads of state and gives just in a few hours, president obama, former president george w. bush and hillary clinton sharing air force one, former presidents clinton and carter flying separately, along with presidents and princesses and kings from other countries. many converging on a soccer stadium here in johannesburg, it is built were we're told, for 90,000, may not be big enough. here they come to thank the man who led them to freedom. now how many other...
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Dec 8, 2013
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a governor from the south who may be the best ally that president obama has in the country right now. you have time to shop for car insurance today? yeah. i heard about progressive's "name your price" tool? i guess you can tell them how much you want to pay and it gives you a range of options to choose from. huh? i'm looking at it right now. oh, yeah? yeah. what's the... guest room situation? the "name your price" tool, making the world a little more progressive. every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. to your first roll, pampers swaddlers was there. and now swaddlers are available through size 5, for many more firsts to come. ♪ pampers. out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them a
a governor from the south who may be the best ally that president obama has in the country right now. you have time to shop for car insurance today? yeah. i heard about progressive's "name your price" tool? i guess you can tell them how much you want to pay and it gives you a range of options to choose from. huh? i'm looking at it right now. oh, yeah? yeah. what's the... guest room situation? the "name your price" tool, making the world a little more progressive. every day...
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Dec 5, 2013
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protests across the country calling for an increase in minimum wage. the focus is fast food restaurants. can any change happen quickly? elizabeth warren said no thanks to 2016. new police reports put rob ford in the hot seat again and dennis rodman is
protests across the country calling for an increase in minimum wage. the focus is fast food restaurants. can any change happen quickly? elizabeth warren said no thanks to 2016. new police reports put rob ford in the hot seat again and dennis rodman is
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Dec 2, 2013
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obama care sites, states doing it themselves, then you have the healthcare.gov states. take a look. they want to hit 7 million in total by the end of march. those are the numbers sort of over the last several weeks here. cloe closer to 200,000. people sign up for these things late. it's psychology, you wait until the last minute to do things. the numbers could go up, especially in march. also, 200,000 is not even close to the 7 million they hope to have. also this anxiety of people who have had their policies cancelled and who are now trying to get to the site to find out what the new premium will be. what the new plan will be, who had trouble getting on. it's a concern for them in particular. >> i have to ask you about this opinion piece you wrote released this morning. it raises a provocative question. there has been an understandable focus on the website healthcare.gov the problems it's been having. you kind of raised this question. does health insurance make us healthier? maybe we are looking at the wrong measuring stick we are all healthy americans. what do you thi
obama care sites, states doing it themselves, then you have the healthcare.gov states. take a look. they want to hit 7 million in total by the end of march. those are the numbers sort of over the last several weeks here. cloe closer to 200,000. people sign up for these things late. it's psychology, you wait until the last minute to do things. the numbers could go up, especially in march. also, 200,000 is not even close to the 7 million they hope to have. also this anxiety of people who have had...
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ken langone is fired up about the economy, obama care and pension plans across the country. >> one year membership in the jelly of the month club. >>> and dealing with unfinished business on capitol hill. steny hoyer making a rare appearance on the "squawk box" set. "squawk box" begins right now. >>> good morning, everybody. welcome back to "squawk box" on cnbc. i'm becky quick along with joe kernan and andrew ross sorkin. nearly 100,000 mourners flooding the soccer stadium today for nelson mandela memorial. dignitaries and world leaders are speaking, including president obama a few minutes ago. >> he was not a bust made of marble, he was a man of flesh and blood, a son and a husband, a father and a friend. and that's why we learned so much from him and why we can learn from him still. >> a steady rain has been falling, but the crowd has been singing and dancing in celebration of mandela's life. >>> also, in wall street news, the s&p 500 coming off another record close while the nasdaq finished at the highest level since september of 2000. investors now focusing their attention on next
ken langone is fired up about the economy, obama care and pension plans across the country. >> one year membership in the jelly of the month club. >>> and dealing with unfinished business on capitol hill. steny hoyer making a rare appearance on the "squawk box" set. "squawk box" begins right now. >>> good morning, everybody. welcome back to "squawk box" on cnbc. i'm becky quick along with joe kernan and andrew ross sorkin. nearly 100,000...
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Dec 2, 2013
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the country is polarized. barak obama, however, has made it worse. >> in what way? >> i think he's a partisan. he's an ideological partisan and we see it on everything. obamacare being the biggest example where no republican ideas, no republican votes. only straight party line vote. you see it with the senate changing the rules to limit republican power. he's all for that. so this is a president who talks about uniting the country, but when push comes to shove, he only chooses one side of every argument and therefore, the country is more divided as a result of his presidency than it was before. >> i can't tell you how many times i've heard people say, it seems like he's pitting one part of america against the other. you would hate to think that's true, but you look at the evidence and it does suggest that. >> look, it's red against blue, of course, but class warfare as well. it's about the wealthy -- he clearly has a chip on his shoulder about wealth. he doesn't mind taking wealthy people's money for his own campaign, but you get a sense he's really -- he really doe
the country is polarized. barak obama, however, has made it worse. >> in what way? >> i think he's a partisan. he's an ideological partisan and we see it on everything. obamacare being the biggest example where no republican ideas, no republican votes. only straight party line vote. you see it with the senate changing the rules to limit republican power. he's all for that. so this is a president who talks about uniting the country, but when push comes to shove, he only chooses one...
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and now president barack obama will take to the stage and the will remember nelson mandela himself. we're going to take his remarks live as he greets people and makes his way to the stage. this moment is so poignant because, of course, the president spoke of his personal connection with nelson mandela moments after he died over the weekend at the age of 95 years old. >> julianna, willie geist was talking about how the white house reacted after mandela's death, it wasn't just -- they didn't just paint by numbers, kou tell that this really was a very personal connection that president obama felt with nelson mandela. >> that's right. i think of all the speeches that the president has given on a personal level this is the most important for him and it's my understanding that he spent a lot of time on his own crafting this speech and thinking about it. look, when we were in south africa in june we were waiting for any moment to get word that mandela had passed away. he was gravely ill at the time. this is something the president has been thinking about obviously for years and years. what
and now president barack obama will take to the stage and the will remember nelson mandela himself. we're going to take his remarks live as he greets people and makes his way to the stage. this moment is so poignant because, of course, the president spoke of his personal connection with nelson mandela moments after he died over the weekend at the age of 95 years old. >> julianna, willie geist was talking about how the white house reacted after mandela's death, it wasn't just -- they...
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he is in the country to thank troops for their service. now you are looking at live pictures from johannesburg, south africa, where visitors all over the world continue to mourn the loss of nelson mandela. president obama will travel to south africa for the memorial along with presidents bush and clinton. they'll be joined by other world figures like the pope and celebrities including bill gates and oprah. the public service will be on tuesday. mandela's body will lie in state for three days. after that his body will be flown to his home village for a private burial. >>> the grammy nominations are out. justin timberlake lead the pack at seven. did mr. suit and tie get snubbed? timberlake's 20/20 experience was the best-selling release but he still didn't get nominated in top categories like album, song, record of the year. another person shut out. how about this one? miley cyrus. she got no nominations. taylor swift, bruno mars and katy perry performed her hit song last night "roar." ♪ i got the eye of the tiger fire ♪ ♪ dancing thro
he is in the country to thank troops for their service. now you are looking at live pictures from johannesburg, south africa, where visitors all over the world continue to mourn the loss of nelson mandela. president obama will travel to south africa for the memorial along with presidents bush and clinton. they'll be joined by other world figures like the pope and celebrities including bill gates and oprah. the public service will be on tuesday. mandela's body will lie in state for three days....
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Dec 7, 2013
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there's no doubt that under president obama our country has call a new what i'll normal -- slow economic growth, high unemployment, stagnant wages. gwen: take your pick at what you want to believe but at the root of this is a certain amount of disillusionment which runs deep, michael. >> there are dynamics in the were there before the downturn that continue to evidence themselves and the big problem is how do you divide the economic pie? it goes back to the problems of the late 1970's where the people are getting more of the pie and working people are getting less. it used to be that unlettered people could get a good living wage in this country and that's changing a lot. the difference between a living wage and minimum wage? >> it's grown bigger. wage is enough money to raise a family on and you think about the key things in our economy that someone has to do to raise a family -- education, healthcare -- these are the most inhat have gone up price meanwhile wages have been flat over the last 12, 13 years, real wages have been flat and insecurity is growing. you mentioned detroit -- time
there's no doubt that under president obama our country has call a new what i'll normal -- slow economic growth, high unemployment, stagnant wages. gwen: take your pick at what you want to believe but at the root of this is a certain amount of disillusionment which runs deep, michael. >> there are dynamics in the were there before the downturn that continue to evidence themselves and the big problem is how do you divide the economic pie? it goes back to the problems of the late 1970's...
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to push a more liberal agenda on the country. caller: 520 five representatives comes to $9 million per year. that's a steep price to pay for people who do nothing. they don't want to do nothing. yet the problem is, the republicans say jobs, jobs, jobs. it has never been voted on. that would put a million people to work immediately. shovel ready. it is shovel ready. that is what i want to say. host: jack writes in that a distinction needs to be made between do-nothing and actively working to impede progress. we will go toward independent to a call from madison, for junior. we will go to our republicans line. greg is waiting from union, missouri. to --: i was just calling let's talk about harry reid and barack obama and those people. we have been fighting for the scandals that obama has had. we are fighting with the lies that he has had. harry reid has lied. how do we deal with these people? truth and't see the you are just a straightfaced , it is going to take our country down. you can see with the health-care bill. it is a joke.
to push a more liberal agenda on the country. caller: 520 five representatives comes to $9 million per year. that's a steep price to pay for people who do nothing. they don't want to do nothing. yet the problem is, the republicans say jobs, jobs, jobs. it has never been voted on. that would put a million people to work immediately. shovel ready. it is shovel ready. that is what i want to say. host: jack writes in that a distinction needs to be made between do-nothing and actively working to...
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intelligence community the syrian army is not the only party in the country's civil war with access to sarah hersh goes on to say in the months before the attack the american intelligence agencies produced a series of highly classified reports citing evidence that the al nusra front as you how to group affiliated with al qaida had mastered the mechanics of creating seren and was capable of manufacturing it in quantity than argues when the attack occurred al nusra should have been a suspect but the administration cherry picked intelligence to justify a strike against assad. the white house has called hirsch's report simply false as you'd expect they would now to be clear hersh doesn't know who carried out the chemical attack that night he just knows that for the second time in a decade the president of the united states was willing to take the country to war using intelligence that could be flawed. i don't know who did what but there's no question my government does not and there's also the question that the american president that we now have voted for. has a lot of good things about i
intelligence community the syrian army is not the only party in the country's civil war with access to sarah hersh goes on to say in the months before the attack the american intelligence agencies produced a series of highly classified reports citing evidence that the al nusra front as you how to group affiliated with al qaida had mastered the mechanics of creating seren and was capable of manufacturing it in quantity than argues when the attack occurred al nusra should have been a suspect but...
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. >>> president obama's approval rating in california continues to slip. 51% approve of the job president obama is doing. 43% disapprove. that number is up 8 points since july. california's view of the direction the u.s. is heading is down. 33% said it is heading in the right direction. 55% say we are off track. >>> california needs nurses but the state needs a way to train them. officials with cal state say qualified students are being turned away. they don't have the funding to hire instructors. some 62al are turning away 80% of -- schools are turning away 80% of students. >>> fog around the bay and at times dense. look at the temperatures from today. 69 in antioch. that was the high. 67 santa rosa. 64 in oakland. temperatures tomorrow and the next few days, low 50s tomorrow. and temperatures down into the 40s for highs thursday. no 60s. all 50s now. the system will stir up the atmosphere and so there will be winds. dry system. cold system. see how it is coming from here? when they come from here they are wet. we are talking about there freeze warning that will go effect wednesday morni
. >>> president obama's approval rating in california continues to slip. 51% approve of the job president obama is doing. 43% disapprove. that number is up 8 points since july. california's view of the direction the u.s. is heading is down. 33% said it is heading in the right direction. 55% say we are off track. >>> california needs nurses but the state needs a way to train them. officials with cal state say qualified students are being turned away. they don't have the funding...
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access to ninety nine percent of income inequality he said that the gap between rich and the rest of the country is the defining challenge of our time and that it drives everything he doesn't have this yes obama even went as far as deconstruct the very system he's a part of. ordinary folks can't write massive campaign checks or hire i price lobbyists and lawyers to secure policies that tilt the playing field in their favor at everyone else's expense so people get the bad taste that the systems ranked. that increases cynicism and polarization and it decreases the political participation that is a requisite part of our system of self-government. wow i couldn't agree with him more but if there's one thing we know about this president that he talks a big talk back and all that lofty rhetoric is a different story this is a wall street man who was put in office by goldman sachs obama has appointed big bank lawyers eric holder and lonnie brewer to top positions at the dozens apartment and wall street favorite son timmy geithner to the treasury under obama wealthy americans have only grown stronger and
access to ninety nine percent of income inequality he said that the gap between rich and the rest of the country is the defining challenge of our time and that it drives everything he doesn't have this yes obama even went as far as deconstruct the very system he's a part of. ordinary folks can't write massive campaign checks or hire i price lobbyists and lawyers to secure policies that tilt the playing field in their favor at everyone else's expense so people get the bad taste that the systems...
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Dec 9, 2013
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nature -- the question of fact blic interest -- the that president obama effectively country ncede that his merkel, no gging mr. denial from australia they were intercepting the phone calls of -- indonesia and his wife. and that led senator feinstein to say she had to review all of of the intelligence committee. because, again, this was going on without knowledge. you'll remember, either the united states came out and will stop bugging these gatherings of the imf or of the d bank, all things that had been bugging the european parliament, we don't know. was some specific organization rganizations all of that devoted not to espionage, but to peacemaking.ing and set up after the second world war, the united states has come won't be id, we bugging them anymore, which, to me, is an implicit to the were. n that they >> do you think the reaction got them into the list to do with security and more to do with the fact that we would traditionally secretive? been committee we had talking about earlier had just published the minutes of the meeting in november. press a meeting of the side and the of
nature -- the question of fact blic interest -- the that president obama effectively country ncede that his merkel, no gging mr. denial from australia they were intercepting the phone calls of -- indonesia and his wife. and that led senator feinstein to say she had to review all of of the intelligence committee. because, again, this was going on without knowledge. you'll remember, either the united states came out and will stop bugging these gatherings of the imf or of the d bank, all things...
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Dec 4, 2013
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god bless you. >>> president obama wrapping up a major speech. he started out by painting a bleak picture of america's social and economic landscape, calling the growing income gap the defining challenge of our time. he then went into his solutions familiar democratic talking points including what he calls the benefits of his signature health care law. let's bring in mike viqueira in washington. mike this seemed like a speech to the democratic base. >> i think you are absolutely right. in a way he talked about all of those issues that are near and dear to the left and the timing perhaps not accidental is due to the fact the left is feeling very discouraged right now. and the president has been moving to shore up his support as he heads into the last three years of his presidency and really tries to get things done. music to the ears of the left, talking about strengthening unions, gay rights legislation, in the workplace, raising the minimum wage, and the affordable care act an empowering tool, all under that overarching theme, stephanie of econo
god bless you. >>> president obama wrapping up a major speech. he started out by painting a bleak picture of america's social and economic landscape, calling the growing income gap the defining challenge of our time. he then went into his solutions familiar democratic talking points including what he calls the benefits of his signature health care law. let's bring in mike viqueira in washington. mike this seemed like a speech to the democratic base. >> i think you are absolutely...
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Dec 10, 2013
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world leaders from nearly 100 countries are attending, including president obama who just arrived and is scheduled to speak. security willfá beçó tight at t stadium which holds 95,000 people. leaders will be behind bullet-proof glass. presidentswo#jf bill clinton, george w. bush and jimmy carter who calls mandela one of the leading people of the century. >> i would say that mow haute má gandhiw3 and nelson mandela wou q as well mother teresa of those people that you look on with a great deal of admiration aj inspiration. >> his body will lie in state for three days beforeÑit( movin( the smallvil the small village where hexd gr up. our coverage begins at 1:00 in the morning. and today in the bay will again at 4:00 in the morning. >>> and now to the latest in the investigation of the asiana crash. hearings begin tomorrow in ok washington, d.c.çóe1 representatives from boeing will the pilots who were in thec cockpit the day the plane asiana flight crashed and killed three teens and injured nearly 200 people.c now nbcÑi bay area's investigate unit isq in washington, dshlgts c.
world leaders from nearly 100 countries are attending, including president obama who just arrived and is scheduled to speak. security willfá beçó tight at t stadium which holds 95,000 people. leaders will be behind bullet-proof glass. presidentswo#jf bill clinton, george w. bush and jimmy carter who calls mandela one of the leading people of the century. >> i would say that mow haute má gandhiw3 and nelson mandela wou q as well mother teresa of those people that you look on with a...
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Dec 3, 2013
12/13
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though he has been told to leave the country twice, president obama's uncle now gets to stay. >>> and drink on the house courtesy of your state department. the grapevine is next. ale annou] here's a question for you. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energefficiency could help americans save $300 billion each year. take the energy quiz. energy lis here. [ alarm sound for malfunctioning printer ] [ male announcer ] you've reached the age where you've learned a thing or two. [ metal clanks ] ♪ this is the age of knowing what you're made of. so why let erectile dysfunction get in your way? [ gears whirring ] talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid
though he has been told to leave the country twice, president obama's uncle now gets to stay. >>> and drink on the house courtesy of your state department. the grapevine is next. ale annou] here's a question for you. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energefficiency could help americans save $300 billion each...
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where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass it out to some otr part of the country. by doing so, he picks the winners and losers. picks which businesses he thinks will succeed and then he gives them money. but too often this becomes sort of a kroeny capitalism where the government takes money from somebody who is succeeding in business and gives it to somebody who they think might succeed in business. he did this with solindra. he gave it to one of the richest men in the company to build solar panels but nobody wanted to buy solar panels. anybody that's been a consumer who --or been a business that's been rewarded by the consumer, they're the ones who get the money. >> sounds a lot like -- i don't know -- capitalism. senator, president obama promised to not let detroit go bankrupt. he may have been talking about the auto industry or the city, but did the president lie? >> he's given a lot of promises. he promised we could keep our doctor if we liked th
where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass it out to some otr part of the country. by doing so, he picks the winners and losers. picks which businesses he thinks will succeed and then he gives them money. but too often this becomes sort of a kroeny capitalism where the government takes money from somebody who is succeeding in business and gives it to somebody who they think might succeed in business....